Common use of Failure to Perform Covenant or Liability (Grace Period Clause in Contracts

Failure to Perform Covenant or Liability (Grace Period. The failure by any Borrower, within ten (10) days following the earlier of any Borrowers' knowledge of a breach of any covenant or Liability not described in any of Sections 10.2, or 10.3 or of its receipt of written notice from the Agent of the breach of any of any of such covenants or Liabilities.

Appears in 1 contract

Samples: Loan and Security Agreement (Childrens Place Retail Stores Inc)

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Failure to Perform Covenant or Liability (Grace Period. The failure by any the Borrower, within ten (10) days following the earlier of any Borrowers' the Borrower's knowledge of a breach of any covenant or Liability not described in any of Sections 10.2, or 10.3 or of its receipt of written notice from the Agent Lender of the breach of any of any of such covenants or Liabilities.

Appears in 1 contract

Samples: Loan and Security Agreement (Golf Galaxy, Inc.)

Failure to Perform Covenant or Liability (Grace Period. The failure by any the Borrower, within ten thirty (1030) days following the earlier of any Borrowers' the Borrower's knowledge of a breach of any covenant or Liability not described in any of Sections 10.212-1, 12-2, or 10.3 12-3 or of its receipt of written notice from the Agent Lender of the breach of any of any of such covenants or Liabilitiesthose Sections.

Appears in 1 contract

Samples: Loan and Security Agreement (Harrys Farmers Market Inc)

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Failure to Perform Covenant or Liability (Grace Period. The failure by any Borrower, within ten (10) days following the earlier of any Borrowers' Borrower’s knowledge of a breach of any covenant or Liability not described in any of Sections 10.2, or 10.3 or of its receipt of written notice from the Agent Lender of the breach of any of any of such covenants or Liabilities, to remedy such breach.

Appears in 1 contract

Samples: Loan and Security Agreement (Dreams Inc)

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